Inotiv, Inc. — Director's Dealing 2011

Feb 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BIOANALYTICAL SYSTEMS INC (BASI)
CIK: 0000720154
Period of Report: 2011-02-24

Reporting Person: Chilton Anthony S (Director, CEO and President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-24	Option to purchase common shares	$2.25	A	25000	Acquired	2021-02-24	Common Shares (25000)	Direct

Footnotes

F1: The option was granted pursuant to Dr. Chilton's employment agreement and vests and becomes exercisable in two equal installments of 12,500 shares each on January 31, 2012 and January 31, 2013.